From Longman Business Dictionaryovergearedo‧ver‧geared /ˌəʊvəˈgɪədˌoʊvərˈgɪrd/ adjective British English FINANCEACCOUNTING if a company or country is overgeared, it has borrowed too much and cannot make payments on the debtSYNOVERBORROWED, OVERLEVERAGEDMuch of the money invested went into overpriced or overgeared companies. —overgearing noun [uncountable]The most common mistakes in failed businesses are over-optimism and overgearing.
